Potash prices to flourish further this year, says Scotiabank's Mohr

Spot potash prices at the Port of Vancouver climbed to $490/t in July and another $30/t to $40/t increase is likely before autumn in the Northern Hemisphere, Scotiabank said on Wednesday. “With strong demand in most of Asia and Latin America,...

Potash Corp eyes even greater growth

The world’s biggest potash producer, Potash Corp, could add a further five-million tons of production, which would take its total capacity to around 22-million tons yearly, CFO Wayne Brownlee said on Wednesday. The company had already unveiled...

Canpotex to build new maintenance facility

Canadian potash exporting cartel Canpotex on Tuesday unveiled plans to build a C$55-million railcar maintenance shop in Saskatchewan. Construction will start in May and be finished by the third quarter of next year, Canpotex said.

Analyst sees mid-term potash price at $400-$500/t

As rumours swirl surrounding potential Chinese plays for Potash Corp, Stifel Nicolaus analyst Horst Hueniken says prices for the fertiliser it produces will likely trade between $400/t and $500/t in the medium term. This week, Russian producers...

BHP studied bid since May, reiterates plan to exit potash cartel

BHP Billiton started studying a potential combination with Potash Corp in May this year, according to a regulatory filing. The firm has gone hostile with a $130 a share offer ($40-billion on a fully diluted basis) for the Saskatchewan fertiliser...

BHP would honour Canpotex pacts, prefers to market own output

BHP Billiton would prefer to market its own production, but the company will honour agreements already in place with partners in potash marketing group Canpotex, if it is successful in acquiring Canada's Potash Corporation of Saskatchewan, CEO...

Canada's Canpotex sells potash to India at $370/t

Canpotex, the offshore marketing company for Canadian potash producers Potash Corp, Agrium and Mosaic, has inked a new supply contract with Indian buyers for the second quarter, it announced on Friday. About 600 000 t will be shipped at a...

Canpotex inks Q1 supply agreement with China's Sinofert

Canpotex, the offshore marketing company for Canadian potash producers Potash Corp, Agrium and Mosaic, has agreed to sell 350 000 t of potash to China's Sinofert before the end of March. The sales agreement was at “competitive prices”,...